debt
confidence high
sentiment neutral
materiality 0.55
Virtu Financial closes $500M incremental term loan, total term debt now $2.03B
Virtu Financial, Inc.
- Closed $500M incremental term B-2 loans on July 23, 2026.
- Total term loan balance under credit facility increased to $2,030M.
- Interest rate: Term SOFR + 250 bps; issued at par.
- Proceeds to be used for general corporate purposes.
- Term loans mature June 21, 2031; amortize at ~1% annually.